Clifton Rubber Company Limited

Clifton Rubber Company Limited
Registered number:		01125318
Balance Sheet
at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,456,079			1,462,455

Current assets
Stocks		441,817			423,976
Debtors	4	571,823			476,104
Cash at bank		348,663			354,202
		1,362,303			1,254,282

Creditors: amounts falling due within one year	5	(826,374)			(731,613)

Net current assets			535,929			522,669

Total assets less current liabilities			1,992,008			1,985,124

Creditors: amounts falling due after more than one year	6		(83,782)			(188,919)

Provisions for liabilities			(364,000)			(364,000)


Net assets			1,544,226			1,432,205

Capital and reserves
Called up share capital			158,001			158,001
Profit and loss account			1,386,225			1,274,204

Shareholder's funds			1,544,226			1,432,205

For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its accounts in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Brian Robert Burton
Director
Approved by the board on 10 July 2026

Clifton Rubber Company Limited
Notes to the Financial Statements
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis and are presented in Sterling (£).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods which is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets over their expected useful lives, using the reducing balance method.

	Plant and machinery			10% per year
	Fixtures, fittings, tools and equipment			10% - 15% per year
	Motor vehicles			20% per year

	Stocks
	Stocks are valued at the lower of cost and estimated net realisable value. Work in progress and finished goods comprises materials, direct labour and attributable production overheads. Net realisable value is based on the estimated sales price after allowing for all further costs of completion and disposal. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

	Creditors
	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

	Taxation
	Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that that have been enacted or substantively enacted by the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. Deferred tax assets and deferred tax liabilities are offset only if the company has a legally enforceable right to set off current tax assets against current tax liabilities, and the deferred tax assets and deferred tax liabilities relate to income taxes levied by the same taxation authority.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are recognised at the spot rate at the dates of the transactions, or at an average rate where this rate approximates the actual rate at the date of the transaction. At the end of each reporting period, monetary items denominated in foreign currencies are retranslated at the rates prevailing at that date. Nonmonetary items that are measured in terms of historical cost in a foreign currency are not retranslated. Exchange differences are recognised in the profit and loss account in the period in which they arise.

	Leased assets
	Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership of the leased asset to the group. All other leases are classified as operating leases. Assets held under finance leases are recognised initially at the fair value of the leased asset (or, if lower, the present value of minimum lease payments) at the inception of the lease. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation. Lease payments are apportioned between finance charges and reduction of the lease obligation using the effective interest method so as to achieve a constant rate of interest on the remaining balance of the liability. Finance charges are deducted in measuring profit or loss. Assets held under finance leases are included in tangible fixed assets and depreciated and assessed for impairment losses in the same way as owned assets. Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease term, unless the rental payments are structured to increase in line with expected general inflation, in which case the company recognises annual rent expense equal to amounts owed to the lessor.

	Employee benefits
	Short-term employee benefits and contributions to defined contribution pension plans are recognised as an expense in the period in which they are incurred. The company operates stakeholder defined contribution pension schemes for the benefit of the employees and directors. The assets of the pension schemes are administered by an independent pensions provider.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					42		41


3	Tangible fixed assets
		Motor vehicles		Plant and machinery		Fixtures, fittings, tools and equipment		Total
£			£		£		£
	Cost
	At 1 January 2025	200,792		2,149,246		1,063,468		3,413,506
	Additions	7,855		151,669		20,550		180,074
	Disposals	(15,387)		(70,354)		(4,248)		(89,989)
	At 31 December 2025	193,260		2,230,561		1,079,770		3,503,591

	Depreciation
	At 1 January 2025	133,400		1,174,002		643,649		1,951,051
	Charge for the year	13,730		111,786		43,899		169,415
	On disposals	(8,788)		(61,302)		(2,864)		(72,954)
	At 31 December 2025	138,342		1,224,486		684,684		2,047,512

	Net book value
	At 31 December 2025	54,918		1,006,075		395,086		1,456,079
	At 31 December 2024	67,392		975,244		419,819		1,462,455


						2025		2024
£							£

	Net book value of assets subject to lease agreements					355,822		525,320
	Depreciation in the year on leased assets					44,479		64,547
	Own work capitalised during the year included above					16,350		10,600



4	Debtors					2025		2024
£							£

	Trade debtors					415,916		411,783
	Owed by participants					-		-
	Other taxes and social security					35,972		-
	Other debtors					54,231		4,255
	Owed by group undertakings					5,932		5,078
	Prepayments and accrued income					59,772		54,988
						571,823		476,104


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					105,137		121,545
	Trade creditors					338,830		283,107
	Corporation tax					82,185		81,517
	Taxation and social security costs					37,258		39,630
	Other creditors					5,767		5,875
	Accruals and deferred income					257,197		199,939
						826,374		731,613


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					83,782		188,919


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					793,500		890,000



8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	B R Burton
	Loan	-		6,148		(6,148)		-

	B F Burton
	Loan	-		3,999		(3,999)		-

		-		10,147		(10,147)		-


9	Controlling party
	B R Burton



10	Other information

	Clifton Rubber Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
	8 Edison Road
	St. Ives
	Cambridgeshire
	PE27 3FF